Epicflow

FEBRUARY 15, 2024

Plan for uncertainties and risks Remember that project plans should not be deterministic as if nothing is going to change during the work on a project. Also, it’s essential to prepare for uncertainties — e.g., include time and capacity buffers in your estimates.

Management 52

Management Strategy Strategy Strategy& 52

Epicflow

MARCH 22, 2024

Risk Analysis: Essential Components A risk is an event or circumstance with either a positive or negative effect on a project. Risk Analysis: Essential Components A risk is an event or circumstance with either a positive or negative effect on a project. So, what do you need for an efficient risk analysis?

Risk Analysis 52

Risk Analysis Data Management Analysis 52

Tom Spencer

JULY 28, 2023

Consulting firms can also develop a roadmap to outline the steps required for successful integration, including technology acquisition, data collection and analysis, and training of personnel. AI algorithms rely on having access to large high-quality data sets for accurate analysis and decision-making.

Operations 78

Operations Energy Data System 78

Epicflow

JUNE 10, 2022

Step 3: Analyzing risks. Risk analysis involves estimating the probability of risk occurrence and the impact of the defined risks. The estimation implies performing qualitative and quantitative analysis. The results can be represented in the form of a risk matrix which is given below as an example. .

Engineering 98

Engineering Management How To Risk Analysis 98

Epicflow

MARCH 22, 2023

Poor risk management In times of instability and uncertainty, projects are vulnerable to negative risks more than ever, which highlights the need for thorough risk analysis and preparation to respond to them beforehand. Cost Cutting: Importance of Strategy, Risks Posed. References Kenton, Will.

Resources 90

Resources Management Efficiency Operations 90

Melissa Agnes

SEPTEMBER 21, 2014

If you’re a regular reader/listener of mine, I don’t have to tell you what I think of this and the lack of risk analysis (or common sense) that went into this “campaign”, but that aside, as this incident happened after this podcast was recorded, we do not discuss its foolishness in this episode.

Airlines 84

Airlines Management Risk Analysis Analysis 84

Comatch

MAY 16, 2022

Set a strategy for collecting suppliers’ carbon emission data, where the right data and improvement strategy is included in new supplier assessments and becomes part of the routine supplier dialogue.

Chemicals 52

Chemicals Energy Metrics Industry 52